Canuc Initiates Mapping and Sampling Program at San Javier
www.canucresources.ca
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FOR IMMEDIATE RELEASE TSX-V: CDA | CNUCF | WKN: A14 ZX4
January 3rd, 2024 Shares Outstanding: 160,006,150
ISIN: CA1389093040
Canuc Initiates Mapping and Sampling Program at San Javier
Canuc Resources Corporation (“Canuc” or the “Company”) (TSX -V: CDA) (OTCQB: CNUCF)
is pleased to announce the commencement of a geological mapping and sampling program at the
Company’s San Javier Silver-Gold Project in Sonora State, Mexico. The mapping and sampling
program will cover an area of interest previously identified as hosting IOCG deposit potential and
is designed to provide information relevant for targeting in an upcoming drill program.
The geological mapping and sampling work will be gin on an area surrounding the largest
magnetic-high anomaly detected during the company’s magnetic survey of 2021. This principal
magnetic-high anomaly, measuring 800 meters by 400 meter s, is manifest approximately 300
meters west of where m agnetite silver veining comes to surface and where old artisanal mine
workings were tunneled on magnetite veins which sampled high to bonanza grades of silver. The
magnetic-high anomaly has dimensions similar to , and is coincident with, an area previously
reported where the company sampled elevated silver in soil s extending for over 800 meters of
strike length and detected over a width of approximately 400 meters.
Sampling and mapping work will also be undertaken on a n 800 meter diameter donut shaped
anomaly detected south-east of the magnetic -high which has previously evidenced anomalous
copper and gold sample results, and which is surrounded by an abundance of artisanal mine
workings.
“A program of geological mapping and sampling will provide us with the information necessary
to plan for further work and an effective drilling campaign at San Javier. Our objectives remain
confirmation of the IOCG thesis for ore genesis at San Javier and the discovery a silver mineral
endowment consistent with this deposit type ,” stated Christopher Berlet, President and CEO of
Canuc Resources Corp.
“Structural controls are an important feature of IOCG deposit types. Our next steps at San Javier
will enhance our understanding of structural controls and provide us with guidance and vectoring
for the drill program we anticipate later this year.”
Canuc has assembled 28 contiguous claims in the San Javier mining camp covering key geological
features of the San Javier IOCG system. The progressive accumulation of claims in the San Javier
area is in keeping with the Company’s objectives for value development as a junior exploration
and development company.
Seymour M. Sears, B.A., B.Sc., P.Geo. is the Qualified Person for the Company, as defined by NI
43-101, and has reviewed and approved the contents of this press release.
www.canucresources.ca
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About Canuc
Canuc is a junior resource company focusing on its San Javier Silver-Gold Project in Sonora State,
Mexico. The Company also generates cash flow from natural gas production at its MidTex Energy
Project in Central West Texas, USA where Canuc has an interest in eight (8) producing natural gas
wells and has rights for further in field developments.
For further information please contact:
Canuc Resources Corporation.
(416) 525 – 6869
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